Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

101 California Avenue 206

Santa Monica, CA, 90403

1 / 23View all 23 photos

$1,379,000

MLS: 26656191

Beds

2

Baths

2

Sq Ft

1,077

Lot

0.43 ac

Year Built

1964

MLS #

26656191

Days on Market

37

Listed

Feb 23, 2026

Description

See and compare the lowest price per SqFt for this location which is steps away from the ocean as well as an HOA that covers and includes the water, power, gas, Frontier cable, a 24-hour guard and much more .... There is a side ocean view from the living room and both Bedrooms. Enjoy a magnificent view to relax, read or simply gaze at the ocean after a long day. There is a Balcony to sit outside with your guest and watch the sail boats. The building is situated across the street from the iconic Fairmont hotel. The location is simply Magnificent.

Location

Santa Monica, Los Angeles County, CA 90403

Open on Google Maps ↗

Listed by: Guity Parsi · Parsi Group Realtors, Inc.

Payment estimate

$9,879

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $137,900 · Loan: $1,241,100

%
Principal & Interest
$7,626
Property tax (1.25%)
$1,436
Homeowners insurance
$300
Mortgage insurance
$517
Open the full calculator →

Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Santa Monica home with as little as 3.5% down using an FHA loan — roughly $48,265 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Similar Homes Nearby

Active and pending listings in ZIP 90403 (Santa Monica) within ±10% of this home's price and size.

Local Market Stats

See Santa Monica, CA 90403 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access